Notice from the Office of the Secretary - IN THE MATTER OF THE SECURITIES ACT R.S.O. 1990, c. S.5, AS AMENDED - AND - IN THE MATTER OF HERITAGE EDUCATION FUNDS INC.

TORONTO, Aug. 14, 2012 /CNW/ - The  Commission issued a Temporary Order in the above named matter pursuant to section 127 of the Act which provides that:

1. under paragraph 1 of subsection 127(1) of the Act, the terms and conditions set out in Schedule "A" to this Order are imposed on HEFI's registration;
2. the Temporary Order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by order of the Commission;
3. the matter will be brought back before the Commission on August 21, 2012 at 3:30 p.m. for the purpose of providing the Commission with an update on the implementation of the terms and conditions imposed on HEFI and to consider whether it is in the public interest to extend the Temporary Order; and
4. Staff shall be free to reapply to the Commission in the event that it has concerns with the application or operation of any provision of this Order.

A copy of the Temporary Order dated August 13, 2012 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

SOURCE: Ontario Securities Commission

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